Goldman Sachs increased its Beacon Roofing Supply shares by 11.6% in Q4, owning 602,287 shares worth $52.4M. Despite a "hold" rating from StockNews.com, other investors and analysts remain confident.
Along with underfunded corporate and public pensions, many union pensions are massively in the red. For employers who have union workers who participate in these types of multi-employer pension plans, the growing liability involved with withdrawing from pension funds presents a serious issue.
